2200 Maple Dr, Oklahoma City, OK 73110
3 beds · 1 baths · 1,195 sqft
BACK ON MARKET AT NO FAULT OF SELLERS! Grab it while you can! What does home mean to you? Maybe it’s a welcoming, comfortable space for family to come together, or a big yard to play catch and run a little wild before dinnertime. Maybe it means a place where all those important things in life are nearby–the dinner table where everyone gathers, the garage where you’re building your dream car, or your favorite old tree where you sit in the shade on warm summer days to relax or read that book you’ve been meaning to get around to. You might even hang a tire swing or a hammock or a comfy swinging chair. Why not? Live it up! Whatever home means to you, you can have it all with this 3 bed 1 bath house just around the corner from Tinker Air Force Base. Take one look at the beautiful original wood floors, and you know it’s been taken care of. While the floors are all original, the updates are plentiful with new ROOF, nearly every room modernized to maximize comfort—brand new light fixtures throughout the kitchen and bathroom, refinished front porch, remodeled laundry room and garage, brand new blinds and curtains, and a Nest smart thermostat that adjusts for your comfort and saves you money through the year. The kitchen also has beautiful granite countertops with a large stainless steel kitchen sink. Don’t feel like buying or hauling new appliances? Don’t worry, we got you! The washer, dryer, refrigerator, and one of a kind custom dining table with chairs and bench are all included. You will also love the peace of mind with the ADT home security system with top of the line Google cameras. So, no matter what home means to you, you can have it all. Call today to schedule a viewing. Your home is waiting!
Source: MLSOK #1151162
Source: MLSOK #1151162
To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.